BUSINESS STATISTICS FOR
CONTEMPORARY DECISION MAKING
COMPREHENSIVE REVIEW 2026 VERIFIED
QUESTIONS AND SOLUTIONS
◉A _____________________ is a repository of historical data that is
organized by subject to support decision makers in the organization
Answer: Data Warehouse
◉Information Systems are vital to the success of any modern
business or organization. Answer: True
◉Which of the following is the most important goal of a Decision
Support System (DSS)? Answer: Support decision making
◉This type of information system was developed before Business
Intelligence Systems and provides many of its tools. Answer:
Decision Support System (DSS)
◉Which of the following is not one of the major components of a
Decision Support System (DSS)? Answer: ERP
CONTEMPORARY DECISION MAKING
COMPREHENSIVE REVIEW 2026 VERIFIED
QUESTIONS AND SOLUTIONS
◉A _____________________ is a repository of historical data that is
organized by subject to support decision makers in the organization
Answer: Data Warehouse
◉Information Systems are vital to the success of any modern
business or organization. Answer: True
◉Which of the following is the most important goal of a Decision
Support System (DSS)? Answer: Support decision making
◉This type of information system was developed before Business
Intelligence Systems and provides many of its tools. Answer:
Decision Support System (DSS)
◉Which of the following is not one of the major components of a
Decision Support System (DSS)? Answer: ERP